The editor of Duffy Dog magazine is considering three alternative prices for her new monthly periodical. Her estimate of price and quantity demanded are:

Price		Quantity Demanded
$7.94		24,000
$6.96		31,700
$5.89		36,600

Monthly costs of producing and delivering the magazine include $94,000 of fixed costs and variable costs of $2.10 per issue. Which price will yield the largest monthly profit? (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Price		Profit/(loss)
$7.94		$enter a dollar amount
$6.96		$enter a dollar amount
$5.89		$enter a dollar amount

A price of $enter the largest monthly profit amount in dollars rounded to 2 decimal places yields the largest monthly profit.